Artificial Intelligence in the Legal Sector: Streamlining Operations in 3 Key Ways
Artificial Intelligence in the Legal Sector: Streamlining Operations in 3 Key Ways
Nearly three in four lawyers (73%) say they plan to use generative artificial intelligence (GenAI) in their legal work within the next year, according to one Wolters Kluwer report. While many legal professionals feel prepared for the impact of AI, others may wonder how they can harness the technology for themselves, in addition to the options that are out there. From the various uses of AI in the legal sector to the immense value that the technology can bring, the innovative applications of AI have the potential to transform legal professions — especially when it comes to streamlining time-consuming and labor-intensive processes.Streamlining document analysisAccording to the 2023 Future Ready Lawyer Report, those who are most likely to integrate GenAI into their legal work over the next year plan to utilize the technology for reviewing and analyzing legal documents, performing basic tasks, and going through electronic data. This can enable those in legal professions to save time on tedious, time-consuming tasks while redirecting their energy to more important elements of work. The American Bar Association (ABA) also highlights the many advantages associated with the use of AI for the sake of automatic document comparison and organization, noting that this enables attorneys to identify gaps in their documents as well as their legal analysis more quickly. One example provided by the ABA involves AI-driven contract analysis programs, which have learned through repeated analysis. As a result, such programs have the ability to identify missing terms or definitions in known types of contracts. “Similarly, document analysis can uncover a logical connection that hasn’t yet been firmly established in a legal memorandum, allowing attorneys to revisit and strengthen their weak points,” the ABA further highlights. One innovative example of how AI can be used for document analysis can be found with the efforts by the Ministry of Labor (MoL) in Qatar. Faced with the task of manually analyzing volumes of employment-related documents, the MoL in Qatar experiences significant challenges, with the endeavor resulting in time-consuming and labor-intensive work that is also prone to human error. AI-driven solutions can play a key role however, can not only cut down on human error by streamlining the process with accuracy, The MoL’s project involves three key phases, from a proposal evaluation in January of 2024 to a proof of concept and pilot implementation in the third quarter of 2024, and “a full-scale rollout within a year.” With advantages such as the automation and enhancement of accuracy, AI-powered solutions have the potential to transform how an organization works.Fact-finding, research, and e-discovery
Photo by Element5 Digital from Pexels
About Jackie Turner
Now semi-retired (though not quite reaching for the bus pass) Jackie used to be a risk management consultant - she now divides her time between writing articles on this topic, plus news and current affairs, and spending time with her two dogs Benson and Phipps. In any free time she has, she occasionally checks in on her husband, who is a part time sound engineer.